Oil Refineries (Israel) Probability of Future Stock Price Finishing Under 90.15
| ORL Stock | ILS 92.20 0.70 0.75% |
Oil |
Oil Refineries Target Price Odds to finish below 90.15
The tendency of Oil Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to S 90.15 or more in 90 days |
| 92.20 | 90 days | 90.15 | about 31.58 |
Based on a normal probability distribution, the odds of Oil Refineries to drop to S 90.15 or more in 90 days from now is about 31.58 (This Oil Refineries probability density function shows the probability of Oil Stock to fall within a particular range of prices over 90 days) . Probability of Oil Refineries price to stay between S 90.15 and its current price of S92.2 at the end of the 90-day period is about 22.29 .
Assuming the 90 days trading horizon Oil Refineries has a beta of 0.0562. This indicates as returns on the market go up, Oil Refineries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Oil Refineries will be expected to be much smaller as well. Additionally Oil Refineries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Oil Refineries Price Density |
| Price |
Predictive Modules for Oil Refineries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Oil Refineries. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Oil Refineries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Oil Refineries is not an exception. The market had few large corrections towards the Oil Refineries' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Oil Refineries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Oil Refineries within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 3.56 | |
Ir | Information ratio | -0.05 |
Oil Refineries Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Oil Refineries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Oil Refineries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Oil Refineries generated a negative expected return over the last 90 days | |
| Oil Refineries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Oil Refineries Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Oil Stock often depends not only on the future outlook of the current and potential Oil Refineries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Oil Refineries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.2 B |
Oil Refineries Technical Analysis
Oil Refineries' future price can be derived by breaking down and analyzing its technical indicators over time. Oil Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Oil Refineries. In general, you should focus on analyzing Oil Stock price patterns and their correlations with different microeconomic environments and drivers.
Oil Refineries Predictive Forecast Models
Oil Refineries' time-series forecasting models is one of many Oil Refineries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Oil Refineries' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Oil Refineries
Checking the ongoing alerts about Oil Refineries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Oil Refineries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Oil Refineries generated a negative expected return over the last 90 days | |
| Oil Refineries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Oil Stock
Oil Refineries financial ratios help investors to determine whether Oil Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oil with respect to the benefits of owning Oil Refineries security.